Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver

تمرين 53

Journalizing purchase and sale transactions-perpetual system
The following transactions occurred between Belvidere Pharmaceuticals and D S, the pharmacy chain, during July of the current year:

Requirements
1. Journalize these transactions on the books of D S.
2. Journalize these transactions on the books of Belvidere Pharmaceuticals.